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David Ortiz and Red Sox avoid arbitration for $14.575 million

Feb 13, 2012, 11:13 AM EDT

David Ortiz Getty Images

After all the drama about his potential arbitration case David Ortiz and the Red Sox have avoided today’s scheduled hearing by agreeing to a one-year, $14.575 million contract at the last minute.

Ortiz filed for $16.5 million and the Red Sox submitted at $12.65 million, so the two sides settle at the exact midpoint. And at least they provided the Boston media with a story to write about for the past month.

By settling for $14.575 million rather than risking a potential $16.5 million decision the Red Sox may have created a bit more payroll flexibility. As for Ortiz, he gets a $2.075 million bump in salary following a season in which he hit .309 with 29 homers and a .953 OPS that’s his highest since 2007.

According to Rob Bradford of WEEI.com the settlement came when general manager Ben Cherington and agent Fernando Cuza negotiated in the hotel lobby where the hearing was to be held this afternoon.

  1. uyf1950 - Feb 13, 2012 at 11:23 AM

    I’ve been saying it for a while now that the parties would settle around the $14MM mark +/- at the 11th hour.

    For inquiring minds. Should anyone be interested that will put the Red Sox 2012 payroll for MLB Luxury Tax purposes at just about $182.1MM +/-. That’s assuming they do NOT have any other signings.

  2. richwizl - Feb 13, 2012 at 11:25 AM

    Good, everyone is happy; now, let’s get working on putting a hustling ball club on the field.

  3. Francisco (FC) - Feb 13, 2012 at 11:32 AM

    Ben and Fernando in the lobby sitting in a corner:

    Ben: This has gone long enough Fernando, let’s drop this circus and settle the dispute, I have other fish to fry.

    Fernando: Come on, Ben. David is coming off the best season of his professional career since ’07, he was owed at least a two year deal, you offered arbitration and you’re going to get burned because your raise is too low; no panel is going to just give him a $150K raise after having such a great season. And to top it off he’ll soon be in the Best Shape of His Life-

    [Ben hands him an envelope with pictures]

    Fernando: WHERE DID YOU GET THESE???

    Ben: Oh it was a Valentine’s gift from Dan Lozano.

    Fernando: That is SO low, at least Theo was a man of integrity and fair negotiation. I hate to think what you had on him that you ran him out of town-

    Ben: Spare me the histrionics, shall we settle on a one year deal worth halfway between our arbitration numbers?

  4. buffalomafia - Feb 13, 2012 at 12:13 PM

    Red Sox are going to release him to make room for another pitcher?

  5. aceshigh11 - Feb 13, 2012 at 1:43 PM

    So we can expect him to bitch about his contract NEXT year too.

    Big Papi = Big Baby

  6. deathmonkey41 - Feb 13, 2012 at 2:17 PM

    So, we won’t have to hear him cry about how the Red Sox don’t resepect him? I guess the next time he’ll weep like a sissy is when someone beans him at the plate.

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